Stronger consumer sentiment and lower inflation expectation
Michigan sentiment was better than expected in the preliminary reading for June.
Read More4 key tactical indicators
The S&P 500 Index (SPX) is on track for its fifth straight weekly gain.
Read MoreSPX scores its sixth gain
Stocks were a little weaker after the open but quickly rebounded, and the four benchmarks closed near the high of the day.
Read MoreBearish sentiment falls to the lowest level in almost two years
Retail investors continued to turn more bullish, although this week’s gain was pretty small.
Read More4 key tactical indicators
Here are our four key tactical indicator closing levels over the past five days:
Read MoreEarly Thursday look
S&P equity futures are trading below Wednesday's close amidst a mixed session in Europe and Asian shares closing mostly higher overnight.
Read More